Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $325.00 short put and a strike $315.00 long put offers a potential 56.25% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $325.00 by expiration. The full premium credit of $3.60 would be kept by the premium seller. The risk of $6.40 would be incurred if the stock dropped below the $315.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Boeing is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Boeing is bullish.
The RSI indicator is at 51.44 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Alaska Airlines grapples with Airbus jet integration in industrywide 'perfect storm'
Tue, 17 Apr 2018 07:01:00 +0000
"We have to learn. We're not Airbus experts. You can fly them hard, you just have to maintain them differently," Alaska President and Chief Operating Officer Ben Minicucci said in an interview.
Deals of the day-Mergers and acquisitions
Mon, 16 Apr 2018 20:02:00 +0000
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: ** Shire, the London-listed rare diseases specialist that is a potential takeover target for Japan's Takeda Pharmaceutical, is selling its oncology business to unlisted French drugmaker Servier for $2.4 billion. ** Pebblebrook Hotel Trust has sweetened its $3 billion-plus offer to buy U.S. peer LaSalle Hotel Properties after the owner of high-end locations including ‘W' Los Angeles saw an initial bid rebuffed last month.
Wichita City Council to consider fast-tracking Spirit AeroSystems expansion agreement
Mon, 16 Apr 2018 19:51:25 +0000
An similar measure will come before the Sedgwick County Commission later this week.
FAA limits flights by Boeing 787 Dreamliners with Rolls-Royce engine problems
Mon, 16 Apr 2018 19:16:36 +0000
U.S. air safety regulators ordered Boeing 787 Dreamliners powered by Rolls-Royce Trent 1000 engines to stay within shorter distances of airports while in flight to ensure a place to land in case of engine problems.
Boeing Business Jets Celebrates Flyaway of First BBJ MAX Airplane
Mon, 16 Apr 2018 18:19:00 +0000
SEATTLE, April 16, 2018 /PRNewswire/ — Boeing [NYSE: BA] today celebrated the fly away of the first BBJ MAX airplane, which extends the range, performance and cabin comforts of the world's most popular business jetliner. “We are excited to see the first BBJ MAX come to life and fly through the development milestones. In the past few weeks, the airplane has achieved factory rollout, first flight, multiple certifications, and now flyway,” said Greg Laxton, Head of Boeing Business Jets.
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